Approved foreign exchange business in November 2021

In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:

1. Hualien 2nd Credit Cooperative to provide services to customers conducting overseas consumption and cash withdrawal through ATM Cards.

2. KGI Futures Co., Ltd., concurrently operating a leverage transaction merchant, to conduct foreign currency denominated contracts for differences (CFDs) linked to silver, foreign equities (including foreign ETFs), and foreign equity indexes.

3. FIL Securities Investment Trust Co. (Taiwan) Limited to act as the local mandated agent of an offshore fund institution and conduct private placement to specified counterparties.

4. As of the end of November 2021, there were 3,463 authorized banks, including 3,425 domestic banks, 3 Mainland banks, and 35 foreign banks.